Co-operate with the official receiver after your company has been liquidated
You must help the official receiver (OR) when the company you바카라 사이트™re a director of is wound up (liquidated) as a result of insolvency.
Your responsibilities when your company is being liquidated
When your company is being liquidated, the court will appoint an official receiver to settle your company바카라 사이트™s debts and investigate why your company became insolvent.
The official receiver will send you a questionnaire about your company and ask you to attend an interview.
At the interview you must:
- give the official receiver your completed questionnaire
- hand over all company books (accounts), records and paperwork in your possession
- give full details of all the company바카라 사이트™s assets and liabilities
- tell the official receiver if somebody else is holding assets or trading records
If you do not co-operate with the official receiver, you might:
- be prosecuted
- be disqualified as a company director
- have to answer questions in court
- have a warrant issued for your arrest
What you can and cannot do after liquidation
After liquidation you:
- must co-operate with the official receiver
- cannot control the company바카라 사이트™s business
- cannot act for or on behalf of the company
- cannot use company assets to pay creditors or for your own use and benefit
- cannot re-use the company name
Settling the company바카라 사이트™s debts and paying for shares
You may have to help the official receiver sell the company바카라 사이트™s assets during liquidation.
If you바카라 사이트™ve guaranteed any of the company바카라 사이트™s debts, it means that you바카라 사이트™ve agreed to pay the debt if the company cannot. You may also have to help pay debts if the company has traded wrongfully or fraudulently.
If you바카라 사이트™re a shareholder of the company, you may be asked to pay for any shares that you have not paid for in full.